1025 Grenon Avenue 404, Britannia Heights - Queensway Terrace N and Area

$274,900
1025 Grenon Avenue 404

$274,900

New
29d
Condo ApartmentApartment

1025 Grenon Avenue 404, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $1,958

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
29d
Score
25
Yield
8.5%
Cash on Cash
2.8%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.5%
Property Type-Condo Apartment
MLS® Number-X13826526
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,111 (2026)
Maintenance-$473.58/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Other (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other, Hardboard
Roof-Unknown
Foundation-Unknown
Possession-TBD
Neighbourhood-6202 - Fairfield Heights
Title-Residential Condo & Other

No agent assigned

Welcome to The Conservatory located at 1025 Grenon Ave, where effortless condo living meets an exceptional resort-inspired lifestyle. This beautifully positioned fourth-floor condo offers thoughtfully designed living space, complemented by lovely treetop and Ottawa River views. Bright and inviting, the open living space features a well-designed kitchen with breakfast bar, living and dining area with laminate flooring and a sun-filled solarium, the perfect spot to enjoy your morning coffee or unwind while taking in the surrounding views. The spacious primary bedroom offers a walk-in closet, while a four-piece bathroom and convenient in-suite laundry add everyday comfort. The Conservatory has undergone significant exterior improvements, including a new exterior redesign focused on durability and weather protection, enhancing both the appearance and long-term appeal of the building. The amenities truly elevate the lifestyle. Residents enjoy an outdoor heated saltwater pool, two squash courts, exercise room, theatre room, rooftop patio, pickleball court, arts and crafts room, library, music room, party room, meeting room providing an impressive selection of spaces to relax, socialize and stay active without ever leaving home. A dedicated parking space and storage locker are included. Bike storage available, Ideally situated close to scenic bike trails, shopping and public transit, this exceptional residence offers comfort, convenience and an enviable lifestyle. Perfectly suited to those seeking a low-maintenance lifestyle, this is condo living designed to be enjoyed.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$219,920
Land Transfer Taxes$2,599
Legal Fees (Est.)
$
Total cash required for closing$59,079

Total Monthly Obligation

$1,958/mo
Mortgage $1,109
Monthly Loss $1,667
Principal$292
Interest$817
Property Tax$176
Condo Fees$474
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.7%56
10-Year IRR
13.0%
Returns Index
28.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$23,376/yr
NOI
$10,844/yr
Net Cash Flow
-$205/mo
Cash Margin
-10.5%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
38.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1025 Grenon Avenue 404

Time

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